Graham
Well-known member
Twingogeekeo":32tq2ff5 said:Right been applying and failing
Im after a new road bike but seeing its over £1000 i havent got the money to just go throw at it so i fought ill get another credit card out but thats not going to plan i keep getting rejected.
Says it all really :roll:
Why apply for credit when you can't afford it? If you want it, save up for it !! Credit cards are the worst way to pay for stuff if you don't have the money!!
Best bet, ask your bank for an extension of your overdraft and/or a personal loan from them. You'll end up paying faaar less interest this way and once you've paid the bike off, simply lower your overdraft to what it was.
If that fails, store credit/finance. But still I'd avoid this, as the % is crazily ass rapingly high.
I'd even ask the bank of Mummy and Daddy for an I.O.U. loan before even considering a credit card.
I do have a credit card, two actually. And I'm still paying them off (though only got a smidge left now), wish I listened to everyone and never got one, though in times of need (read below), they are handy. Just not for everyday shopping or one off luxuries!!
Only thing I pay for on finance is car insurance (so I have a credit histroy). Everything else, I pay for upfront/save up for. Though admittedly, again every month, I fill my car up once on the credit card and I make sure I pay it back in full to again boost up my ratings. I've learnt from my mistakes, never again am I using a credit card for essentials/luxuries, it has cost me too much. I'd hate to think how much I've 'wasted' on %..., *sighs*... :x :evil:
Evil thing is credit.